Guy Hands: ‘I can’t raise money to invest in the UK’

The Terra Firma founder on selfishness, moving to Guernsey and why investing in the UK is so hard right now

Danilo Agutoli

By

Shruti Chopra

Updated: April 29, 2019 9:19 am GMT

Guy Hands is disappointed. The private equity veteran was forced to cancel a $3bn fund this year because of Brexit.

“Since the vote, we have not been able to raise money outside of the UK to invest in the UK,” says the 59-year-old Terra Firma chairman. “Initially, it was just people delaying making a decision, but eventually they said no. We lost momentum and eventually had to cancel the fund raise.”